Bře 31

Mt. Gox Bankruptcy Trustee In Favor Of Publicizing Exchange’s Bitcoin Addresses

Source: bitcoin

Bitcoinist_Bitcoin Transparency

The Mt. Gox bankruptcy process that is currently taking place has been receiving a lot of attention from both Bitcoin enthusiasts and mainstream media outlets. Now that more and more information has become available, there is a new question waiting to be answered: should the identified Mt. Gox Bitcoin addresses be made accessible to the public? Some Bitcoin members seem to be for this proposal, whereas others are wondering what the of doing so would be.

Also read: Recent PayPal Exploit Shows Benefits of Decentralized Payment Solutions

Publicizing Mt. Gox Bitcoin Addresses

Considering how the bankruptcy trustee has collected most of the necessary information related to the Mt. Gox case, it seems to make sense if all of the identified Bitcoin wallet addresses are revealed to the public. After all, there are lots of people who would like to determine what has happened to the vast amounts of funds this exchange once held.

All of the bankruptcy reports make mention of how former Mt. Gox CEO Mark Karpeles claimed a hacker stole most of the funds, but it later turned out he took the funds himself. However, given the amount of bitcoins recovered to date, numbers do not seem to add compared to the total number of coins that were stolen.

Even though law enforcement agencies are working hard to find out where all of the missing funds has ended up, Bitcoin community members know a thing or two about tracking funds on the blockchain. Moreover, the bankruptcy trustee himself has shown an interest in releasing the complete list of Bitcoin wallet addresses identified with the Mt. Gox exchange.

A crowdsourced investigation into what has happened with the funds exactly would be kind of interesting although not everyone seems to be for this proposal. A lot of people want to keep this information private for privacy reasons, according to the thread on Reddit, which was to be expected. It is equally interesting to note how very few people have chosen to keep the addresses private for other reasons.

In total, over 80% of the people voting on this Reddit thread are for publicizing the Mt. Gox Bitcoin wallet addresses, which is quite a significant number. It remains to be seen how much good it would do if this list were to be publicized, although it might shed some additional light on the situation.

Are you for publicizing these Mt. Gox Bitcoin wallet addresses, or would it be a futile effort? Let us know in the comments below!

Source: Reddit

Images courtesy of Shutterstock, Mt. Gox

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Mt. Gox Bankruptcy Trustee In Favor Of Publicizing Exchange’s Bitcoin Addresses



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Bře 31

Expedition Cruises Initiative in Colombia

Source: crowdfundingHello, we are looking for crowdfunding or investors the re launch our operation of Expedition Cruises in Colombian Littorals. http://www.colombiaecoturismo.org/en/expedition-cruises-colombia

We need to raise 2 USD Million and have an attractive reward program to favor the contributors.

Please let me know how could I submit the project in your platform or related ones.

Thanks

Jorge Murillo

Tags: expedition-cruises-in-colombia

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Expedition Cruises Initiative in Colombia

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Bře 31

Recent PayPal Exploit Shows Benefits of Decentralized Payment Solutions

Source: bitcoin

Bitcoinist_Malicious Code

Online payments are becoming more and more important every day, but that doesn’t mean the platforms we use are stepping up their security game. PayPal, one of the largest online payment processors in the world, recently fell victim to a bug in their account system, allowing users to send malicious code through confirmation emails. Luckily, the person discovering this issue has reported the exploit to PayPal through their bug bounty program, rather than using it for malicious intent.

Also read: Cashila Announces Convenient Buy and Sell Feature For Ethereum

Sending Malicious Code With PayPal Confirmation Emails

Larger online payment processing platforms have a bigger chance of becoming vulnerable to some form of exploit sooner or later. Luckily for PayPal, German security researcher Benjamin Kunz Mejri discovered a flaw which he reported to the company immediately. If someone else had made this discovery, the company would have been off far worse.

The way this exploit works is by sending emails with malicious code through an existing PayPal account. Sending an email to a different PayPal user requires users to fill in a name – usually first and last name – but it turned out that entry field could be filled with random code, including malicious scripts.

Doing so was not as straightforward as it sounds, though, as Mejri had to bypass a security filter, which can be seen in the video below this article. Once that step was completed, he used the Paypal feature to share an account with other users by adding multiple email addresses. This feature can be compared to a multisignature Bitcoin wallet, albeit with entirely different security precautions.

All of the email addresses on the list to share this particular PayPal account with would receive a confirmation email to accept this invitation. Once a user opens this email, the malicious code is executed in the background, originating from PayPal’s servers. As most people have guessed by now, this method makes it rather easy to execute phishing attacks against other users, while ensuring the email sender is PayPal, rather than spoofing the header.

Other exploits included session hijacking, and even redirecting the user to different web pages or websites. Luckily for all PayPal users, this exploit has been patched in early March 2016, and Mejri received a US$1,000 bounty for reporting this security flaw. White hat hackers are of incredible value to financial service providers, which is why companies such as PayPal have their bug bounty program.

Bitcoin is An Answer To Centralized Services

Although Paypal is one of the most popular online payment processors in the world, their entire business model is as centralized as it can get. Not only do they take a cut of every transaction – and quite a big one too – but they also hold on to customer funds when both depositing and withdrawing money. Relying on a service with a central point of failure is putting consumer’s funds at risk.

Bitcoin, on the other hand, is entirely decentralized at its core, although there are centralized platforms in this ecosystem as well. Financial control is something very few consumers are accustomed to,  and no longer relying on centralized services requires a major mind shift. However, for those willing to take financial matters into their own hands, Bitcoin is a viable option.

What are your thoughts on this recent PayPal vulnerability? Let us know in the comments below!

Source: Tweakers (Dutch)

Images courtesy of PayPal, Shutterstock

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Recent PayPal Exploit Shows Benefits of Decentralized Payment Solutions

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Bře 31

Cashila Announces Convenient Buy and Sell Feature For Ethereum

Source: bitcoin

Bitcoinist_Digital Currency

There seems to be no love lost between central banks and companies active in the world of Bitcoin and blockchain technology. But at the same time, Cashila is the world’s first Bitcoin payment processor with a license by a Central Bank, showing there is a way to bridge the gap between both sides of the financial sector. The new service offered by this company lets users buy, sell, and store Ethereum in a quick and convenient way.  

Also read: Wheel of Doge Allows Players to Use Any Coin Through ShapeShift

Cashila Ventures Into The Ethereum World

It is not uncommon to see existing Bitcoin platforms explore the Ethereum side of things as well since there is a lot of revenue to be made from doing so. Various Bitcoin exchanges offer consumers a way to easily buy and sell Ether, the token of the Ethereum protocol. Kraken, Bitfinex, Coincheck, and Korbit are just a few of the platforms to have done so in the past year.

But when it comes to payment processors, there does not seem to be any indication of them looking to embrace Ethereum soon. Cashila is the first one to do, and they have big plans for expanding their service in the next few weeks. Right now, the company is best-known for enabling users to make daily payments – or direct wire transfers – to anyone in the European Union by using Bitcoin. Moreover, users can receive Bitcoin or payments denominated in EUR to their online Cashila wallet.

But ever since the Ethereum developers released Homestead, there has been growing internal talk about the addition of Ether to the Cashila platform. Although it remains unclear whether or not this new service will be a standalone platform or just a part of the current services, the plan is to let Cashila users exchange between EUR and Ether on-the-go. In return, this should bring additional liquidity to both markets.

Cashila Co-founder Jani Valjavec stated:

“Buying Ether is currently too hard for an average person. That’s why we’re building the easiest possible way for one to buy and securely store Ether.”

To make the process of buying and selling Ethereum a lot more convenient for users, the company has been actively developing a new unnamed service. Although the name remains unknown for now, we do know the new service will let users buy and sell Ether with just one click, at a fixed price.

Additionally, the new service will support both the ETH and EUR wallet, allowing for quick conversions between both types of currency. Last but not least, it will be possible for EU customers to deposit and withdraw funds through SEPA, assuming one live sin any of the countries supporting this payment method.

Low Costs And No Verification Needed

One of the biggest drawbacks for novice users is how they have to go through a thorough verification procedure before being able to buy Ethereum on most exchanges. Cashila is taking a different approach, as users will not need to provide any documentation to verify their identity. However, there will be an EUR 1,000 trading limit in place, which can be lifted by submitting the necessary documents.

Most convenient exchange solutions charge – sometimes rather high – fees for that particular service, but Cashila wants to keep the costs a slow as possible. Based on the information we have received, there will be a 1% fee applied to trades, and conversions to SEPA can be done any working day. Moreover, storing ETH can be done through the secure online wallet, which will support 2FA for all the key actions.

What are your thoughts on this new service announcement by Cashila? Are you looking forward to giving it a try? Let us know in the comments below!

Source: Press Release Via Email

Images courtesy of Cashila, Ethereum, Shutterstock

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Bře 30

Wheel of Doge Allows Players to Use Any Coin Through ShapeShift

Source: bitcoin

wheel of doge

Wheel of Doge is a play on the classic Wheel of Fortune game. With its super colorful design, it is focused on Dogecoin. However, you can play with any cryptocoin, through the Shapeshift integration.

Disclaimer: This is a press release. Bitcoinist is not responsible for this company’s products and/or services. 

About Wheel of Doge: Bet with Dogecoin and More Through ShapeShift Integration

The game is super fun to play, with a low house edge. It is also very versatile. Players have full control. Yet it remains super easy to understand. You can instantly see how it works and start playing. Everything accessible, displayed in a single page, responsive and fast loading.

No accounts are required. All gameplay is done through a unique URL. So it is simple to start playing from anywhere, on any device, at any time.

Because of this it can even be used as a Dogecoin wallet. Though the game operators do not recommend this, it is possible.

The site is very new, launching less than one month ago. Some promotions are in the works. For the moment, to reward players, there is an affiliate program and an invest (‘Put-up-Doge’) function.

If you use your affiliate link to refer people, you will share in the site’s winnings. And if you invest in the site’s bankroll you will earn from that too. All your earnings go direct to your game balance. This is very convenient.

The support team are quick and friendly.

Overall Wheel of Doge shows an attention to aesthetics and user experience that is lacking in the crypto gaming space. We’re sure everyone will thoroughly enjoy playing Wheel of Doge.

To learn more about Wheel of Doge’s gaming options, visit the website here

To learn more about ShapeShift, visit the website here


Images courtesy of Wheel of Doge

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Bře 30

Promising FinTech Companies Appear in European Top 100 List

Source: bitcoin

FinTech

More than 55.000 financial technology enthusiasts from all over Europe have voted for their favourite European FinTech company. In addition a knowledgeable panel of judges from FinTech experts – consisting of experienced FinTech investors, innovation leads of European top banks (Deutsche Bank, Banco Santander, BBVA, Lloyds Banking Group en BNP Paribas) and FinTech visionaries – assessed this big selection of the most promising European FinTech companies. Combined with the public votes, the panel of judges constituted the European FinTech Top 100.

Disclaimer: This is a press release. Bitcoinist is not responsible for the products and/or services of these companies. 
By means of both these top financial technology companies (FinTech) and Google, Apple and Facebook tens of thousands of finance jobs are vanishing. Innovative companies are eager to please millions of frustrated banking customers. Nevertheless there are still phenomenal profits being made by banks struggling with outdated technology. At the same time, more and more money is being invested in FinTech. The Uber of the banking sector has not yet emerged, but this is only a matter of time. The latter makes it interesting to scrutinise the European FinTech landscape.

European FinTech Awards & Conference Amsterdam 2016

On April 14th the first European FinTech Awards & Conference will take place with a major focus on continental Europe. A holistic view of what is happening in the European financial technology space is given to all participants with thought-provoking panel discussions and captivating pitches. In the panel discussions FinTech leaders will discuss trending topics such as PSD2, blockchain and robo advisory. These discussions will alternate with pitches from the best European FinTech companies. The complete list of the European FinTech Top 100 can be found below.

1st UX Design Agency for Finance

Advicegames

Aire

AMP Credit Technologies

Ascribe

Aston iTrade Finance

Atom Bank

Azimo

Backbase

Bankable

BehavioSec

Bitnation

Blockchain

Bunq

Chebanca!

Clearmatics

ClearScore

Cloud Lending Solutions

Coinify

CoVi Analytics

Creamfinance

Credible

Credit Benchmark

Credorax

DealMarket

Domotz

Dopay

Duco

ebankIT

Ebury

Emerging Crowd

Environmental Rating Agency Ltd

eToro

ETRONIKA

Everledger

eWise

Fenergo

Fluo

FriendlyScore

Friendsurance

FundApps

Fundbird

Funding Circle

Future Finance

GetSafe

GoCardless Ltd

Holvi

Hufsy

Idea Bank

ImaginBank

Latvia

Netherlands

UK

UK

Germany

France

UK

UK

Netherlands

UK

Sweden

UK

UK

Netherlands

Italy

UK

UK

UK

Denmark

UK

Latvia

Luxembourg

UK

Malta

Switzerland

UK

Netherlands

UK

Portugal

UK

UK

UK

Cyprus

Lithuania

UK

Switzerland

Ireland

France

UK

Germany

UK

UK

UK

UK

Germany

UK

Finland

Denmark

Poland

Spain

Invoice Sharing

Iwoca

iZettle

Kantox

Kasko Ltd

Klarna

Knip

Kontomatik

Kreditech

Mambu

MangoPay

MarketInvoice

Mbank

Meniga

Metro Bank

Mondo

Monese

Monetas

MoneyFarm

moQom

NetGuardians

NoviCap

Number 26

Nutmeg

Onfido

Oseven

Pariti

Pich Technologies

QuanTemplate

Quantoz

Qumram

R5FX

Scalable Capital

SETL

SlimPay

Smart Engine

Spotcap

Storecove

SurePay

Tallysticks

Transferwise

TraxPay

Trustly

UnifiedPost

WealthObjects

WeSavvy

Wikifolio

WorldRemit

Zmarta

Zopa

Netherlands

UK

Sweden

UK

UK

Sweden

Switzerland

Poland

Germany

Germany

France

UK

Poland

Iceland

UK

UK

UK

Switzerland

Italy

Ireland

Switzerland

Spain

Germany

UK

UK

Greece

UK

Spain

UK

Netherlands

Switzerland

UK

Germany

UK

France

Austria

Germany

Netherlands

Netherlands

UK

UK

Germany

Sweden

Belgium

UK

Ireland

Austria

UK

Sweden

UK

All the companies included in the top 100 list will attend the European FinTech Awards & Conference in Amsterdam on the 14th of April.

The Winners

Within this Top 100, the 3 best companies within each category will give a pitch at the conference. The categories are Alternative Finance, Blockchain/Bitcoin, Challenger Banks, Financial Inclusion, Innovative Banking Software, InsurTech, Payments, PFM/Robo Advisory and Risk, Intelligence & Security. By virtue of the pitches the best European  financial technology company within each category will be awarded and there will be one overall winner.

The best 3 FinTech companies within each category are

Alternative Finance

Cloud Lending Solutions

Funding Circle

Iwoca

Blockchain/Bitcoin

Ascribe

Clearmatics

Everledger

Challenger Banks

Atom Bank

Holvi

Monese

Financial Inclusion

Azimo

Dopay

Kreditech

Innovative Banking Software

1st UX Design Agency for Finance

Backbase

Pich Technologies

InsurTech

Knip

Oseven

QuanTemplate

Payments

Bankable

Ebury

Trustly

PFM/Robo advisory

Meniga

Number26

Wikifolio

Risk, Intelligence & Security

BehavioSec

Credit Benchmark

NetGuardians

Witness the future of finance.

You cannot afford to miss out on this unique conference. Tickets are almost sold out and capacity is limited. Register now by clicking here.

For more information

Website: FinTech.nl

Twitter: @FinTechNL

Initiator: Alex van Groningen BV

For more information contact Teun van der Veeken at +31(0)6 11 30 40 82 or via tvanderveeken@fintech.nl


Images courtesy of  DogTown media, FinTech Info

 

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Promising FinTech Companies Appear in European Top 100 List

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Bře 30

Bitdefender Labs Unveils Bitcoin Ransomware Solution

Source: bitcoin

Bitcoinist-Bitcoin Ransomware

Bitcoin ransomware has been a thorn in the eye of many digital currency enthusiasts, and security experts have had a hard time coming up with solutions. Throughout the years, there have been various ransomware strains, all of which brought something new to the table and making it harder to be removed from an infected computer. But the latest solution by Bitdefender may put an end to most of the misery.

Also read: Decentraleyes Addon Fixes Browser Privacy, Circumvents CDNs

A Solution To Bitcoin Ransomware?

It is hard to ignore the damage caused by Bitcoin ransomware over the past few years, as there have been so many attacks against individual users, companies, and even healthcare facilities. Internet criminals are flocking to this solution because it is accessible on the darknet, and there are no viable solutions to counter most ransomware strains.

Bitcoin ransomware first started appearing roughly five years ago, and the way this malware is spreading has evolved throughout the years as well. In the beginning, users had to download a file and open it on their computer. Usually, this would be done through email attachments, such as infected Word documents and PDF files.

But in more recent times, bitcoin ransomware has started spreading through other means as well. Some versions don’t even require the user to download a file anymore, as just visiting a particular infected website is enough to get the ball rolling. Or in some cases, malware spreads itself by advertising networks serving ads infected with the malware in question.

But it looks like there might be a solution on the horizon as Bitdefender Labs has unveiled a new program that should protect consumers and enterprises from various versions of Bitcoin ransomware. Although this software solution will not be sufficient protection against newer versions of this malware, CTB-Locker, Locky, and TeslaCrypt should no longer be able to infect computers.

The main threat Bitcoin ransomware poses is how it encrypts files and folders found on the hard drives of a computer. Once the user is actually locked out of their system, all they can do is either pay the ransom or try to restore file access by reverting to a previous backup. However, those users who do not backup their data on a regular basis might lose some important files and documents in the process.

Moreover, it is not always possible to recover files from a backup directly, as some forms of ransomware will delete all of the shadow copies on the computer. This leaves users with the option to pay or do an entirely fresh install of their system. Enterprises have IT departments who can circumvent most of these problems, but for the average consumer, solutions such as the one by Bitdefender Labs seem to be the only option.

Note from the author: Be cautious when downloading executable files from a website, even if it is from a company working on computer security solutions.

Have you ever come face to face with Bitcoin ransomware? If so, did you manage to solve the problem without paying the fee? Let us know in the comments below!

Source: Bitdefender Labs

Images courtesy of Shutterstock, Bitdefender Labs

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Bitdefender Labs Unveils Bitcoin Ransomware Solution

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Bře 30

PowHERful Campaign Uses OSU’s New Crowdfunding Tool

Source: crowdfunding/images/resized//article_56315_615x0_proportion.png?1459343966

PowHERful, which aims to raise money during Women’s History Month, is one of five campaigns currently listed on the Buckeye Funder website, an online crowdfunding tool Ohio State launched last month.

With only a couple days left to donate, the campaign PowHERful is working to increase the amount of programming Women Student Initiatives can coordinate to impact more women on campus. Donation collection will end on April 1 at midnight.

SOURCE LINK to the full article: http://thelantern.com/2016/03/powherful-campaign-uses-osus-new-crowdfunding-tool/

Tags: buckeye-funder, crowdfunding, crowdsourcing, donations, powherful

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PowHERful Campaign Uses OSU’s New Crowdfunding Tool

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Bře 30

Working with LaunchGood: The Crowdfunding Platform for Muslims

Source: crowdfunding/images/resized//article_56313_615x0_proportion.png?1459342901

Currently based in Calgary, Bangladeshi Canadian Nafee Rashid worked with the Detroit-based startup, LaunchGood, after applying to their fellowship program. LaunchGood is a global crowdfunding platform that supports Muslims doing good across the world by helping them to raise funds for projects. LaunchGood is currently looking for fellows for its 2016 program and the deadline to apply is April 10th.

SOURCE LINK to the full article: http://muslimlink.ca/news/national/working-with-launchgood

Tags: bangladeshi-canadian, charity, crowdfunding, crowdsourcing, launchgood, muslims, nafee-rashid, social-media

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Working with LaunchGood: The Crowdfunding Platform for Muslims

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Bře 30

Decentraleyes Addon Fixes Browser Privacy, Circumvents CDNs

Source: bitcoin

Decentraleyes Addon Fixes Browser Privacy, Circumvents CDNs

30 March 2016 – Decentraleyes, a decentralized privacy addon for Firefox goes above and beyond to deliver a private experience for users of the browser by loading local versions of common content libraries that mine user data. Web sites increasingly rely on these delivery systems to collect data with ad-blocking and cookie destruction becoming more and more mainstream, and traditional privacy measures tend to break these sites. By offering local, auditable versions of these content delivery systems Decentraleyes seeks to patch a hole in user privacy previously open on nearly all web browsers.

Also read: Monthly Price Trends Show BTC Stagnation, Ethereum’s Long Hold Viability

 

Decentraleyes Offers Decentralized CDN Circumvention to Firefox Users

 

Thomas Rientjes

If you aren’t using Firefox or one of its many derivatives and care about your privacy, now’s the time to switch. Decentraleyes is an open source addon, only available on Mozilla compatible browsers, that fixes a problem plaguing web privacy and security for a long time. Third party content delivery. All the while, its speeds up page load times by delivering compatible libraries that don’t spy on you, since it pulls from your local machine instead of having to download them every time you load a web page. Thomas Rientjes, the plugin’s creator, cites the perversion of the “web as a service” as the reason for Decentraleyes’ inception, according to his developer Bio:

“The idea of Decentraleyes came to mind after I began to notice how many websites make people send requests to centralized content delivery networks in order to fetch or verify resources. Nothing like this appeared to exist, so I created it. Anyone should be able to evade CDNs without having to break a sweat.

I hope this will inspire web developers and remind them of the fact that their host is there to welcome their visitors and to provide them with whatever they need. There is no such thing as free hosting without bandwidth limits. Someone is paying for those servers. For a reason.”

Widespread CDN acceptance has been a security flaw that sacrifices privacy simply because it breaks web pages on anything put a text-based browser, which is a sacrifice few are willing to make fir the sake of their information remaining local. With the genesis of Programs monetising with ad platforms in the case of Google, Brave, Windows 10, and others, it’s refreshing to see a small, efficient program that gives the power over your information back to you. By decentralizing “essential” libraries that are served to many websites using content deliver networks and analytics companies’ free hosting services, Decentraleyes empowers the privacy-minded user without resorting to major sacrifices. The author is accepting bitcoin donations for continued development, a fitting platform to apply to truly decentralized privacy. While the program is still in it’s infancy, continued development should bring even more robust solutions for those concerned with keeping their data safe.

Where do you see CDN circumvention in good user privacy? let us know in the comments!


Images courtesy of Decentraleyes

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